The K-shaped economic forecast for economy sometimes seen in news implies? |ForumIAS

Q. The K-shaped economic forecast for economy sometimes seen in news implies?

[A] Global economy plunging into slowdown led by emerging economies (country)

[B] The statistical economic recovery on account of base effect

[C] Segments of economy recovering at different rates after a slowdown/recession

[D] The economic recovery on account of increased government spending

Answer: C

Notes:

A K-shaped recovery is a post-recession scenario in which one segment of the economy begins to climb back upward while another segment continues to suffer. If illustrated, the economic growth would roughly resemble the two diverging diagonal lines of the letter “K” – hence the name.
This is in contrast to an even, uniform recovery across sectors, industries, or groups of people. It is being predicted that economies across the world are experiencing a K-shaped recovery post lockdown due to COVID-19.

Post-Mains Strategy Session by Mr. Ayush Sinha | ForumIAS